NEXTTOME
10-14

$Direxion Daily TSLA Bull 2X Shares(TSLL)$

This order has always been there, as it's set to expire in 25 years, and I've added to the position in between. Recently, I've closed most of the position. Locking in profits is secondary; the main reason is that it's already far in the money, and liquidity will continue to worsen. The current hype is too high, and implied volatility (iv) is also high. I'll wait and continue to buy far-dated put options starting from strike 6.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment